JSW Cement will raise its capacity to 25 MTPA by 2023- 271119

Mumbai-JSW Cement Ltd,
India’s leading producer of Green Cement and part of US$ 14 billion JSW Group, has
received Environmental Product Declaration (EPD) by Sweden’s EPD International
AB,vide EPD registration number S-P-01414, which states that its PSC cement has
the lowest global warming potential in the cement industry. According to the Environmental
Product Declaration received, JSW Cement’s PSC has Global Warming Potential
(GWP) of 325.14 kg CO2/ MT (as compared with 760-800 kg CO2/MT of typical OPC
cement and 560-650 kg CO2/MT of typical PPC cement) , which is lowest among all
cement manufacturing companies in India and one of the lowest in the world[1].
The Lifecycle Assessment was independently prepared by Thinkstep Sustainability
Solutions.

JSW Cement converts Blast Furnace Slag from
steel plants, an industrial by-product, into Cementitious products. Its
flagship product, JSW Portland Slag Cement (PSC) is a blended cement that has
higher finalstrength as compared to conventional cement products available in
the market and is also resistant to chemical attacks. JSW PSC with its lower
clinker ratiohelps conserve natural resource viz. Limestone, solid fuel viz.
Coal & Pet coke, and water. It also consumes least amount of electrical
energy compared to all other types of cement products in the Indian market.

Currently, JSW Cement is ranked among India’s
Top 10 cement companies with a manufacturing footprint across West, South and
East regions of India. This enables the company to service customer needs for
green cement in these regions. It has a vision to grow its cement manufacturing
capacity to 25 MTPA by 2023. Thisisa quantum increase of its earlier capacity
target by 25%and is aimed at capitalizingon the growing cement demand in the
country. Upon achieving this capacity target, JSW Cement will rank among top 5
cement companies in India.

According to Mr Parth Jindal, Managing Director of JSW Cement,“The EPD International certification endorses our strategy of combining growth with environmentally sustainable operations. Green material is taking centerstage driven by increasing focus on sustainable infrastructure development in India. As part of our strategy to play a significant role in India’s Infrastructure growth story, we are revising our overall cement capacity targets to 25 MTPA by 2023. Upon completion of this capacity expansion, we will rank among top 5 Indian cement companies.” JSW Cement’s current capacity is 14 MTPA. One of the key enablers of its targeted 25 MTPA capacity growthare various projects being undertaken at its subsidiary, Shiva Cement Ltd, in Odisha. JSW Cement currently owns 54% of Shiva Cement, with the majority purchase made in March 2017 from former promoters and balance acquired through open market purchases from ACC Ltd. Since Shiva Cement is located in a limestone rich area, its mining resources will support JSW Cement’s growth in the Eastern region. In the last three years, the company has made substantial progress in acquiring land (land for manufacturing and mining operations), obtaining government approvals and securing support of local people to achieve its growth targets.Recently, Shiva Cement received Consent to Establish (CTE) approval for expanding its mines from 0.12 MTPA to 0.345 MTPA. The Environmental Clearance (EC) has also been received for expanded clinker and cement production. Moreover, earlier this month, Shiva Cement was declared as the preferred bidder for the Khatkurbahal (North) Limestone Block via e-auction process. This block is adjacent to its existing mine.

As per data based on public disclosures of GWP data in EPD by Indian and international Cement companies.